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Wolf of Wall Street

Legendary Ventures Establishes Bonus Distributions

January 22, 2024 by OptionsAndTraders

Global Venture Capital Firm Approves Profit Share of Non-Investment Related Activities

NEW YORK CITY, NEW YORK, USA, January 22, 2024 /EINPresswire.com/ — Legendary Ventures announced today that it will share non-investment related proceeds such as fees earned from strategic co-investing or co-partnering transactions in the form of “bonus” distributions with its network, including advisers, investors, and partners, who play key roles in supporting the growth of the firm and managed funds.

“We are extremely proud of the Legendary Ventures team. As a venture firm, we understand our success is dependent on the support we receive from our ecosystem. We’re grateful our team has executed unselfishly for our founders, investors, and partners in a challenging venture capital market. From a management perspective, we believe it’s very important to build a “shared” operating model in the venture capital industry that recognizes the contribution of all key stakeholders to drive results over the next few years,” said Jamie Driver, General Partner of Legendary Ventures.

“The management company made an unprecedented decision to demonstrate our appreciation of everyone’s contributions to the firm and its managed funds. The primary motivation has always been to focus on our people during times of financial uncertainty. We believe this is the best way to invest in our future,” concluded Harriet Hessam, Adviser with Legendary Ventures.

About Legendary Ventures

Legendary Ventures is a venture capital firm that accelerates value creation for early-stage startups in the consumer, retail and technology industries. For more information about the Firm or its Funds, visit https://legendary.vc.

Rachel Wu
Legendary Investor Relations
investors@legendary.vc
Visit us on social media:
Twitter
LinkedIn
Other

You can read the full release here.

Filed Under: Key to Success, Wolf of Wall Street Tagged With: Angel Deals, Angel Investing, Deals, Distribution, Legendary, Legendary Ventures, Success, VC, Venture Capital

AreaHype’s 5 Best Christmas Places to Go in New York City

December 21, 2022 by OptionsAndTraders

Jameel Hassan x AreaHype

New York City is a popular destination for Christmas due to its iconic holiday displays and events. Here are some suggestions for things to do in New York City during the holiday season:

  1. Visit the Rockefeller Center Christmas Tree — The Rockefeller Center Christmas Tree is a must-see holiday attraction in New York City. The tree is lit up in a ceremony in early December and remains lit until early January.
  2. See the holiday window displays on Fifth Avenue — Many of the high-end stores on Fifth Avenue, such as Saks Fifth Avenue and Bergdorf Goodman, put on elaborate holiday window displays that are worth seeing.
  3. Ice skate at the rink at Rockefeller Center — The rink at Rockefeller Center is a popular spot for ice skating during the holiday season. Skating sessions last for 90 minutes and tickets can be purchased in advance.
  4. See a holiday-themed show or concert — New York City has a number of holiday-themed shows and concerts that are worth checking out, such as the Radio City Christmas Spectacular and the New York Philharmonic’s holiday concerts.
  5. Visit the Christmas markets — New York City has a number of Christmas markets that offer holiday-themed goods and food, such as the Union Square Holiday Market and the Columbus Circle Holiday Market.

These are just a few suggestions for things to do in New York City during the holiday season. There are many other activities and events to enjoy, such as visiting the New York Botanical Garden’s holiday train show and seeing the holiday lights in Dyker Heights.

Don’t forget to hype it on AreaHype!

Download today! https://hypex.app/h/download

Check out what we do! https://www.areahype.com

Feel free to contact me and follow me on LinkedIn.

Ken Ma

Strategic Partnerships | AreaHype

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I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: AreaHype, Marketing, Whimstay, Wolf of Wall Street, WORK, yolofounders

AreaHype Route to the Farmers Market!

November 22, 2022 by OptionsAndTraders

#areahype #hypexapp #local
AreaHype Route to the Farmers Market!

Download today!

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Download today!
https://hypex.app/h/download

iOS – Download

Android – Download

Check out what we do!

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https://www.areahype.com

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Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: $500 Challenge, AreaHype, CSCO, Day Trade, Error, GRUB, Key to Success, Marketing, Millionaire Mindset, Mistakes, RCL, SEO, STOR, Trade, WBA, Whimstay, Wolf of Wall Street, yolofounders Tagged With: a christmas story, advent calendar, android download, Angel Deals, Angel Investing, AreaHype, christmas lights, Day Trade, finding out what to do, happythanksgiving, haunted houses near me, Hype, HypeXapp, ios download, Mentor, merry christmas wishes, Mindset, oktoberfest 2021, Selftalk, Success, Trade, Trades, Whimstay, yolofounders

How to get more out of your investor meetings for the same amount of work!

November 22, 2022 by OptionsAndTraders

Photo by RODNAE Productions

Hi Founders,

A couple of weeks ago, one of my mentees was struggling with getting a response from investors.

“It seemed like they really liked what we are doing, but at the end of the call, they told me that we were not sure about the deal.”

“And what did you say?” I asked.

“Well, I told them to trust me. I really know this space, and I spent 1 year building this product. I am an expert with 10 years of experience in this industry.”

“Okay, so did you find yourself justifying yourself to them?”

“Yes … I need the money.”

“Okay, do this next time. Say this, “I am curious, what kind of deal are you expecting to find?” This will give you some real insight in what they want.”

Why does this work?

It’s simple, it gets straight to the point.

Investors don’t want to be convinced; they are just too nice to say no.

By asking them questions and digging deeper, you can understand their mindset and identify what they invest in.

Also, this makes them feel like you understand what they want.

It shows them that you care about what they think, and you aren’t just after their money.

Investors DON’T INVEST because they understand your product.

Investors INVEST because they feel like you understand them.

So, you don’t need to elaborate on how great your startup is.

You just ask questions and use empathy.

Once they know that you understand them, they will trust you.

That’s how you increase your potential for closing a deal.

If you found this helpful and want to learn more about an investor sales funnel.

Feel free to contact me and follow me on LinkedIn.

Ken Ma

Strategic Partnerships | AreaHype

https://medium.com/@HypeKen/how-to-get-more-out-of-your-investor-meetings-for-the-same-amount-of-work-779f8c28e947

————————————————————————————————————————–

Download today!
https://hypex.app/h/download

Check out what we do!

https://areahype.onuniverse.com/

https://www.areahype.com

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Notion

Disclaimer: This is not a paid advertisement.

If some of these technical indicators are new to you, check out the videos tab on the website!

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: $500 Challenge, AreaHype, COVID19, CSCO, Day Trade, Education, Error, Key to Success, Marketing, Mentor, Millionaire Mindset, Mistakes, SEO, WBA, Whimstay, Wolf of Wall Street, WORK, yolofounders Tagged With: Angel Deals, Angel Investing, Day Trade, investing, investors, Mentor, Mindset, OptionsandTraders, Selftalk, Success, Trade, venturecapital, Whimstay

Why a Fully-Functioning Website Is Essential to Your Business’s Growth

January 27, 2022 by OptionsAndTraders

Why a Fully-Functioning Website Is Essential to Your Business’s Growth

In today’s digital age, websites are the backbone of your business’s presence online. In fact, a fully functioning website has the potential to increase revenue exponentially because your company is just a click away from being found online. Furthermore, for a website to be effective at reaching milestones, it makes sense then that it should be designed with this in mind. So without ado, Options & Traders offers up some tools you should consider integrating into your website’s design to grow your business to the levels you desire. 

Website optimization and why it works

Website optimization can sound like quite a complex topic to those that aren’t in the know regarding information technology and all its technicalities. In reality, though, if you can understand what it is and how to apply it, even a beginner can put these tools in place to get the ball moving in the right direction. What it comes down to really is establishing how you can enhance the user-friendliness of your website, whilst also ensuring that your website is easily found on the web. Ease of navigability plays a vital role here as well as the design elements such as choosing the most appropriate colors, fonts, font size, and image sizes to improve readability.

It’s also got to tie in with the requirements of what Google thinks a good website should be. Moreover, it’s about creating a website that speaks to your audience’s wants and needs and provides them with a platform to get what they want with minimal effort. In other words, it’s about increasing the searchability of your website online to increase the traffic that actually lands upon your website’s homepage. This obviously, then, has the potential to increase leads, increasing the odds of converting them into actual customers.

The different methods of website optimization

Location citations

Local citations are but one component of a successful SEO strategy that has been proven to increase your business’s visibility online. It involves listing your business’s credentials across various directories, apps, and websites. Location citations build the credibility of your business as a result of the increased presence of your website. This inevitably enhances your website’s visibility and, therefore, SEO by the algorithmic standards set by Google. 

Blending your website with internal tools to improve productivity

Customer Relationship Management systems or CRMs are an essential component of growing your business by enhancing lead generation and identifying those leads that are likely to convert into customers in the nearby future. Enterprise Resource Planning Systems (or ERPs), on the other hand, assist with customer management processes online and how to streamline these processes better.

Integrating growth tools like these with your website can amplify your reach even further. Furthermore, with a well-designed website in your toolbox, you’re likely to hit the bullseye more often than not. Here, it’s about figuring out how to integrate these internal tools with your website, which can be easily done with widely accessible software that can make this transition much smoother. At the end of the day, all it’s really about is creating a seamless customer experience in one location.

Making the difference to realize the difference

In summary, when it comes to optimizing your website, certain changes will need to be done. Not only this, but modifications will in all likelihood need to be done regularly to keep up with the times as well as ensure your website stays relevant. If done right, though, you’re sure to reap the rewards of a job well done as your business grows from strength to strength. 

Image via Pexels

– Eleanor Wyatt

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Join our waitlist today!
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Check out what we do!

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Crunchbase!

Notion

Disclaimer: This is not a paid advertisement.

If some of these technical indicators are new to you, check out the videos tab on the website!

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: AreaHype, Education, Key to Success, Marketing, Wolf of Wall Street, WORK Tagged With: Angel Deals, Angel Investing, business growth, function, HypeX, Mentor, Mindset, OptionsandTraders, Success, Trade

The 6 Tips to Improve your Invoicing and Billing Process

January 5, 2022 by OptionsAndTraders

1.   Getting the basics right

If your invoicing and billing process is not yet digital you must be living in a cave. Going digital allows you to maintain invoice history, find and view any invoice immediately, maintain data privacy and hide sensitive data from unauthorized access, some software and services can even show you patterns and insights so you can improve your business process and increase your revenue.

Let’s go a step further, invoicing system software are very limiting for modern business use. It can only be installed on systems meeting the requirements and is limited by power availability and not to mention the high cost of development. You are unable to sync your data between devices such as to your mobile. Trained staff is required to make use of these software and ongoing maintenance is also not possible in most cases.

Cloud solutions are attractive due to low cost of operation, 24/7 availability, with seamless sync between all your devices so you can also perform business tasks on your mobile device. These services are easy to use and are regularly maintained. If you are not already using a cloud based invoicing service, then here is our pick for top 10 cloud based invoicing services.

2.   Best time to invoice and Handle late payments

The best time to send an invoice is immediately after a purchase of service, or right after delivering the products or right after your project is completed. This shows your professional attitude towards your business. If you have to send recurring invoices, send them on the same date every month such as the first of every month to maintain business consistency.

If your invoices don’t have a due date. Your clients and suppliers may not be clearing their dues on time. Therefore you need to set due date on your invoices in a clearly visible location like the top right corner. You should also send a respectful reminder or a notice when the due date is near. Which will alert your client to clear the amount as soon as possible.

You can also ask for an advance deposit from a new client. This way you will be able to understand how they handle payments and if they are serious about doing business with you. It is important that everything is properly documented and if your invoicing software supports recent history tracing and tracking then you can also use that feature to avoid any confusions at later stage.

If you’re still facing late payment issues after above tips then you can also setup late payment charges. Businesses commonly charge 5% fee on late payments, you can set it as a percentage or set an increase of x amount for every x days after the due date. A late payment penalty is enough motivation for people to pay on time.

More about handling late paying client as a small business.

3.   Payment Terms and Notes

You should attach your payment terms and policies in your invoice. It contains all your terms of payments such as payment method, due date, consequences of late payment and how any possible scenario will be dealt. It is important to explain and discuss your payment terms and policies to your clients and suppliers before making a deal. You might have to make some changes to your policies so that you and your client are equally comfortable with the deal. It will also make sure that there is no ambiguity or confusions in any of the terms. Your updated terms for the particular deal should be attached to the invoice.

Discussing your terms with your client will make sure they are not surprised at the time of invoicing. And this will also help you to get paid on time. Your client will also appreciate the transparency from your side and this helps in building a strong relationship for the future.

Apart from payment terms and policies, you can also attach notes in your invoices to convey any message in a professional way. Such as a Thank You message for your client, VAT information details, Shipping information details or other.

4.   VAT information

Tax information and charges need to be clearly communicated in the invoices. There are a number of VAT types such as standard tax, EC rate, reverse charge, margin VAT and others. Your invoicing software should be able to support all these VAT types with custom values. If your software does not support it then you’re probably going to have to waste time in manually recalculating all your amounts and adjusting your profit margins. You can also include VAT notes in your invoices to further clarify any misunderstanding or confusion your client may have.

Learn more about VAT and its types.

5.   Branded invoices and Design flaws

Your clients can judge your professionalism by your invoice design. Therefore invoice design matters. Your invoice should be clear and easy to read and understand. All the details should be in appropriate sections and clearly mentioned. It is recommended to customize your invoices and follow your brand colors and include company logo. It is important not to over design your invoice and to keep it simple.

Some companies also test their invoice design with some of their clients. This is a great way to identify any problems that you may not have thought about. These feedbacks are valuable from your targeted demographic client. Such as if you have an international business and you test your invoice design with clients of different backgrounds and ages then you will be able to better understand how good your invoice is for your international clients.

6.   Use digital tools

As we briefly discussed above, going digital has many advantages. A digital tool greatly improves your business process efficiency and increases revenue because you will be able to setup a streamline process to manage your business and most importantly your sales. Cloud software solutions allow you to easily manage your data anytime anywhere. In addition you can also cut your running costs with following features.

Team Members and Permissions

Add team members and set their boundaries with account type and custom permissions. You have complete control over what information your members can see and what they can do. You can set your invoices to be verified and approved by higher authority team member before being published. This makes your process less error prone and improve sales coordination between members and management.

Record of clients and suppliers

Maintain an easy to access record of your clients and suppliers so you can easily view details of contact person or your history of invoices with them. You can also assign sales persons from your team to specific clients or suppliers so they can only manage those clients.

Inventory Management

Advance inventory management allows you to add and manage your products directly in the invoicing software so you can easily add and reference these within invoices. You can also assign products, inventory or product category to sale persons from your team. If your invoicing solution supports GRN/GDN operations then it will automatically update product stock info and you can manage and view complete history for product acquires and dispatches.

Easily share and export

These tools save your time and allow you to easily create invoices with few clicks. These invoices can be exported in pdf or excel formats. You can also share invoices with your clients through email. This quick and easy process saves you hours every week.

SMIELS is a B2B business solution which provides cloud based invoicing with the features discussed above and more. You can try a live demo or visit www.smiels.com to register a free account and make your business process easy and efficient.

‍https://www.smiels.com/blog/6-tips-to-improve-your-invoicing-and-billing-process-by-47

#accounting #inventoryintegration #invoicingmangement

NEW Best Community for Startup Founders via Discord!

Join a discord community called YOLO Founders to help founders grow ~
Join here: https://discord.gg/uyNvNp4Umm

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Disclaimer: This is not a paid advertisement.

If some of these technical indicators are new to you, check out the videos tab on the website!

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

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Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: Education, Key to Success, Marketing, Mentor, Millionaire Mindset, Mistakes, Trade, Wolf of Wall Street, WORK Tagged With: Angel Deals, Angel Investing, AreaHype, Day Trade, HypeX, Mentor, Mindset, OptionsandTraders, SMIELS, SPY, Success, Trade, Trades, yolofounder, yolofounders

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